Livly (a leading provider of technology-driven residential management platforms) announced the completion of a third investment round. The $10 million in funding will support several new initiatives to increase net operating income for developers, property operators, and third-party property management companies.
This funding will drive Livly’s expansion into new markets and support the development of technology solutions to enrich resident experiences and optimize property management processes. The anticipated enhancements include increased access, IoT integrations, and expanded AI functionality in maintenance, touring, and sentiment analysis.
Livly’s advanced apartment technology provides a modern and user-friendly alternative to traditional prop-tech offerings within the industry. And through Livly’s platform and app, property operators can seamlessly manage community events, resident communication, maintenance requests, package deliveries, rent payments, and amenity reservations all within a centralized digital hub. Plus, Livly’s portfolio management capabilities, AI-powered Maintenance assistant, and advanced analytics for renewal predictor scores and overall sentiment provide valuable insights and efficiencies to enhance operational performance.
KEY QUOTES:
“We’re committed to delivering unparalleled value and return on investment by providing a highly engaged platform that enhances the quality of life for all stakeholders in multifamily properties. This new round of funding will enable us to expand our market presence further and develop innovative products and services that deliver even greater value to residents, property owners, and operators.”
- CEO Alex Samoylovich
“We are thrilled to receive robust support for our vision and validation of our original hypothesis from both institutional and strategic investors. This funding solidifies Livly’s position as a leader in the prop-tech industry and will enable us to continue delivering innovative solutions that set new standards for the multifamily housing sector.”
- Executive Chairman Brian Duggan
